A new Emergency Response Plan for Greece's offshore hydrocarbon installations has been developed through cooperation between Hellenic Hydrocarbon Resources Management (HHRM) and Lloyd’s Register.The first draft of the plan, which sets the response…
Officials from Eni sought to convince a witness, a former Eni manager, to withdraw some statements he made during investigations into a Nigerian corruption case involving the Italian oil group, a court heard on Wednesday.Prosecutor Fabio De Pasquale made the comment in a trial hearing into the case…
Norwegian investment firm Aker could launch its planned initial public offering (IPO) of Aker Energy in late 2019 or in 2020, depending on when Ghana approves the development plan of its Pecan oilfield, the CEO said.The company, controlled by Norwegian billionaire Kjell Inge Roekke…
Chevron Australia has awarded a contract to MAN Energy Solutions to support the front-end engineering and design study of a subsea compression solution for Chevron-operated Jansz-Io field off Western Australia.According to a press note from the German tech major…
Malaysian oil and gas exploration and production company Hibiscus Petroleum Bhd is acquiring oil and gas rights offshore in the UK sector of the North Sea worth US$5 million (RM20.6 million).The blocks are located offshore in the United Kingdom sector of the North Sea…
Installation of the first turbine has started at the 25MW WindFloat Atlantic floating offshore wind farm off Portugal.The Windfloat Atlantic floating wind wind power project belongs to the Windplus consortium, which is jointly owned by EDP Renováveis (54…
UK-based international offshore drilling contractor Seadrill Partners has scored a contract in Gabon for one of its drillships.The offshore drilling firm said in press release that its drillship West Polaris had secured a contract with PC Gabon Upstream for drilling operations in Gabon…
Maritime Developments (MDL) said it has added a horizontal lay system (HLS) to its rental fleet following a double project award from a new client in the North SeaThe HLS is designed to work in conjunction with the complete range of MDL 2-track…
Australia's Woodside Petroleum Ltd reported a 32% drop in second-quarter revenue on Thursday, the first decline in six quarters, as it was hit by an extension of planned maintenance at its Pluto liquefied natural gas facility and weaker prices…
Wednesday's data on offshore oil and gas production losses in the U.S. Gulf of Mexico has been delayed due to an internet outage at the U.S. drilling regulator's offices in New Orleans.The Bureau of Safety and Environmental Enforcement, which regularly compiles and publishes data on storm closings…
Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.Production for the three months to June 30 rose to 18…
ABS announced it will class a new self-elevating platform with a unique triangular mono column design from Singapore-based Calm Oceans Pte Ltd.The Mono-Column Platform-Lite (MCP-Lite), capable of operating in depths of up to 70 meters, is equipped with a water injection module…
A newly introduced logging-while-drilling (LWD) capability, 3D reservoir mapping, provides a detailed representation of subsurface structures to improve well placement in complex reservoirs, services company Halliburton announced.3D inversion…
Emerson said it has launched Roxar RMS 11.1, the latest version of its reservoir modeling software., designed to enhance workflow automation and ease of use. This version provides a range of powerful technologies for building and visualizing high-quality reservoir models…
Britain's Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to $12 per barrel of oil equivalent (boe) from $13 and expects debt reduction to reach the upper end of its $250-$350 million target by year-end.Premier, which had debt of around $2…